In the short run, fiscal and monetary policy cause unemployment and inflation to move in opposite directions because
A) the Fed and Congress rarely agree on policy.
B) one controls aggregate demand, the other controls aggregate supply.
C) both policies control only aggregate supply.
D) both policies control only aggregate demand.
Correct Answer:
Verified
Q95: Which of the following factors contributed to
Q96: Figure 33-4 Q97: If unemployment and inflation move inversely, then Q98: In the 1960s and early 1970s, many Q99: If aggregate demand in the United States
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